Beta— data still being verified. Please report anything odd to matt@devlin-property.co.nz

Far North

Russell

Te Wahapu Road, Russell

← All sections

Russell · Far North

Te Wahapu Road, Russell

Land Price

$329,000

$41/m²

With 2-Bed Devpro 65m²

$628,999

With 3-Bed Devpro 95m²

$728,999

With 4-Bed Devpro 122m²

$828,999

Land area

8,008 m²

Zone

Residential

Natural Hazards

None identified

Council services

Live reticulated water, wastewater, and stormwater data is not yet wired in for Far North. Check the LIM report or contact Far North District Council directly.

Mortgage

No mortgage

Encumbrances

None

Consent Notices

None

Covenants

None

2 registered instruments on title
Discharge of Mortgage2009-12-14
Easement Instrument2007-08-22

Market position

Priced 82% below the Far North average.

This section$41/m²
Far North · Residential average$231/m²

District average computed from the active sections listed. Updated daily.

Lifetime cost · Devpro vs Building Code

What is the lifetime cost of a 4-bed home at Te Wahapu Road, Russell?

Section price pre-filled from this listing. Tweak the build, mortgage, and running-cost inputs to see the 30-year picture.

The build

Mortgage

Running costs

Monthly mortgage — green-loan advantage

Building code

$4,048/mo

Devpro

$3,870/mo

Saving

$178/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$74,610$74,610
5yr$23,930$95,223$142,426
10yr$51,524$121,532$223,980
20yr$152,216$197,962$469,968
30yr$250,004$322,460$773,792

If held = cumulative operational savings (mortgage interest + energy + HVAC service + replacements avoided). If sold = full net-position delta. Click any row to see the five components that make up the total advantage.

30-year "held" savings — where the money comes from

Mortgage interest (green-loan 1% off)
$64,012
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$250,004

Talk to us

Talk to us about building on this section

Curious about building on Te Wahapu Road, Russell? Send a quick note and we'll be in touch within one business day.

About this section

<p>Positioned on the corner of Te Wahapu Road and Waiaruhe Way, this generous 8,008m² site offers privacy, native bush surroundings, and the potential for stunning views over Orongo Bay once cleared for construction.<br /><br />With a sunny north-east aspect, the property features a formed driveway, established building platform, and abundant birdlife. The previous restrictive land covenant has been removed, giving you freedom to design your bespoke residence, or make use of the existing architectural sketch plan for a site specific dwelling, which can be made available with the sale.<br /><br />Conveniently located just seven minutes from historic Russell and five minutes from the Okiato Car Ferry, this is a prime opportunity to secure a slice of the Bay of Islands lifestyle. <br /><br />The vendor is highly motivated, with the price significantly reduced for a quick sale.</p>

Aerial imagery

See the land from above.

Before you commit to a builder, learn what separates a home that performs from one that just looks the part.